This week the mayor released The Five-Year Economic Development Strategy for the District of Columbia to praise from the business community.

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Nassau County Executive Edward Mangano played down the importance of incentives, focusing on a different aspect of the county's economic development strategy.

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Encouraging and supporting new business creation has enjoyed renewed popularity in recent years as an economic development strategy at the local and regional levels.

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"The aerospace business park will go a long way to helping us achieve the goal set out in our economic development strategy, " said Economic Development and Transport Minister Andrew Davies.

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Contrast this strategy for economic development to approaches employed by many countries in the West.

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